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Fly News Breaks for February 4, 2016
SFLY
Feb 4, 2016 | 08:02 EDT
Baird said Shutterfly's Q4 results reflect the strong performance from its Enterprise division and said key growth drivers remain intact. The firm expects the company to reap the benefits of its pending rollout of Shutterfly 3.0 and so they continue to see upside potential in the stock. Baird reiterated its Outperform rating and $55 price target on Shutterfly shares.
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